Posted by Soapymac on November 17, 1998 at 19:57:31:
non-profits are sometimes given or bequeathed property that they do not know is coming. Sometimes they do not know what to do with it or how to convert the “gift” so that it would give them what they want most.
Write your contact person and ask them what their intentions are with that property. If they are in anticipation of receiving adjoining property, they may be just biding their time.
Maybe they have property in another part of town, and cannot hook the two parcels up to do something. If that is the case, find out if there is a piece you can buy, then do a land swap for the piece you want.
If all they need is fair market value to further their organization (many non profits are sometimes “thing” rich and cash poor) suggest they sell the property to you and do some seller financing. It could be a situation where they are in a good cash position, but would like a steady, continuous cash flow.
In short, write and find out what their interests are with respect to the property…then do your absolute best to help them get it.